We will review the proposed regulations that authorize certain recipients to receive disclosures of identifying information associated with reporting companies, their beneficial owners, and their company applicants (together, BOI). The CTA requires reporting companies to report BOI to FinCEN pursuant to 31 U.S.C. 5336(b).
The proposed regulations aim to ensure that:
- Only authorized recipients have access to BOI
- Authorized recipients use that access only for purposes permitted by the CTA
- Authorized recipients only re-disclose BOI in ways that balance protection of the security and confidentiality of the BOI with the furtherance of the CTA’s objective of making BOI available to a range of users for purposes specified in the CTA
What You’ll Learn
Who Should Attend
BSA Officers, BSA Staff, Operations, Compliance, and New Accounts.
Continuing Education (CE) Credits
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
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Instructor
Deborah Crawford
Deborah Crawford is the President of Gettechnical Inc., a Virginia based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit R... read more.
